Barry Callebaut expands into Canada
The chocolate maker is expanding its production facility in Canada for about $70 million.
By the end of the 2022/23 financial year on August 31, 2023, investments will be made in production lines for liquid chocolate, molding systems and expanded production capabilities for milk-free chocolate.
Image: Photopress/AP Photo/Nelson Antoine
Barry Callebaut continues to expand in Canada. The world’s largest chocolate company will expand its chocolate factory in Chatham in the province of Ontario for $70 million, it announced in a release Wednesday.
By the end of the 2022/23 financial year on August 31, 2023, investments will be made in production lines for liquid chocolate, molding systems and expanded production capabilities for milk-free chocolate. It aims to meet the growing consumer demand for plant-based chocolates. Production of white compound chocolate is to be added in 2023. The expansion of the Chatham plant will create approximately 100 jobs.
The Zurich-based group has invested a total of €100 million in the expansion of the plant. Prior to this, $30 million had already been spent on additional liquid chocolate storage capacity in Chatham since 2018.
In addition, Barry Callebaut announced in late July that it would be building a new factory in Brantford, also in Ontario. The company wants to invest $104 million in this plant.
awp
found fault?Report now.
stock alert
From ABB to Züblin – you’ll receive an email as soon as there’s a new article about a company of your choice.
To use this service, you must login or register.
Devoted web advocate. Bacon scholar. Internet lover. Passionate twitteraholic. Unable to type with boxing gloves on. Lifelong beer fanatic.
